Vice president points to intellectual-property issues, a lack of transparency and local-manufacture requirements

JAKARTA, Indonesia—U.S. Vice President Mike Pence urged Indonesia to open up its $900 billion economy more to U.S. businesses, pointing to $10 billion in recent deals as a sign of the potential.

“The truth is, I say respectfully, there’s much more that must be done to improve the business and investment climate in Indonesia,” Mr. Pence told businesspeople Friday, at the end of a two-day visit before leaving for Australia. His trip...